Tax Write Offs- Ever Consider Doing Your Own Taxes?

Feb. 15, 2012 - PRLog -- The concept of taxing income is a modern innovation and presupposes several things: a money economy, reasonably accurate accounts, a common understanding of receipts, expenses and profits, and an orderly society with reliable records.

For most of the history of civilization, these preconditions did not exist, and taxes were based on other factors. Taxes on wealth, social position, and ownership of the means of production (typically land and slaves) were all common.

Practices such as tithing, or an offering of firstfruits, existed from ancient times, and can be regarded as a precursor of the income tax, but they lacked precision and certainly were not based on a concept of net increase.

Tax preparers use a several methods for setting prices.Typically the more difficult the return the higher the price. But in actuality the average tax return is pretty straight forward.

Income taxes are used in most countries around the world. The tax systems vary greatly and can be progressive, proportional, or regressive, depending on the type of tax. Comparison of tax rates around the world is a difficult and somewhat subjective enterprise. Tax laws in most countries are extremely complex, and tax burden falls differently on different groups in each country and sub-national unit.

Of course, services provided by governments in return for taxation also vary, making comparisons all the more difficult.

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This simple guide can show anyone how to do taxes:

http://www.mlwblog.com/Taxes/index.html